Telekom Back to Profit Despite Lower Revenues

Ljubljana, 26 May - Slovenia's incumbent telco Telekom Slovenije returned to profit in the first quarter of 2011, finishing the period with net earnings of EUR 14.5m, despite a 4% drop in revenues, the company said on Thursday.

Ljubljana A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011. Photo: Nebojsa Tejic/STA

Ljubljana
A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011.
Photo: Nebojsa Tejic/STA

Ljubljana A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011. Photo: Nebojsa Tejic/STA

Ljubljana
A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011.
Photo: Nebojsa Tejic/STA

Ljubljana A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011. Photo: Nebojsa Tejic/STA

Ljubljana
A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011.
Photo: Nebojsa Tejic/STA

Ljubljana A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011. Photo: Nebojsa Tejic/STA

Ljubljana
A press conference of the management of telco Telekom Slovenije presenting the company's and the group's results for the first quarter of 2011.
Photo: Nebojsa Tejic/STA

The rest of this news item is available to subscribers.
The news item consists of 1.851 characters (without spaces) or 371 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

zm/gj/gj
© STA, 2011